Performance of Intra-EU reforms in Central Africa: Empirical Verification

Abstract

This study investigates the impact of preferential reforms of the mid-1990 implemented in CEMAC zone on the
determinants of intra-regional trade. Using a gravity equation, the study shows the influence of each variable under studies
during the two sub-periods (before and after the reforms that is 1984 -1993 and 1994 – 2003) on the intra-regional trade. Using a
gravity equation, the study shows the influence of each variable under studies during the two sub-periods on the intra-regional
trade. The results show that the populations (both home and away), cultural linkages and the proximities were directly related to
intra-regional trade after the reforms than before. At the same time, the transactions and transport costs were negatively related
to the intra-regional trade, mostly after the implementation of reforms.